General Discussion
In reply to the discussion: Unsealed court-settlement documents reveal banks stole $trillions' worth of houses [View all]ms.smiler
(551 posts)You asked if I should keep that for which I am not paying. Please understand that I am the owner of this property. I purchased this property 33 years ago and have paid hundreds of thousands of dollars on a mortgage loan over the past decades.
I own my property! In 2006 I refinanced my mortgage. In 2009, I discovered over $54,000 in fraud in my mortgage loan subject to Treble damages. That alone wipes out the mortgage debt.
But wait, theres more. For a time I thought my Title was clouded and the mortgage became invalid about 90 days after I signed the documents because MERS failed to file the conveyances as required by Pennsylvania law. But now I know that MERS is not a lawful mortgagee in my mortgage contract and the mortgage is invalid.
So please read the following sentence twice, thrice if necessary. The lien on my property is not valid!
Would it be your position, that I should have ignored the original fraud in the mortgage, and the cloud upon my Title in favor of continuing to make payments on an invalid mortgage? After making all payments, the best I could hope for is a forged, robosigned, fraudulent Satisfaction of Mortgage and no clear Title to my property.
Would such a document be good enough for 30 years of your honestly and hard earned money?
But wait, theres even more to my story. After asking some really pertinent questions I think of my mortgage servicer, they filed their first forged, invalid and fraudulent Assignment/Lien on my property. An Assignment which states they purchased a Note payable to Mortgage Electronic Registration Systems and of course I never signed such a Note. After I filed my Quiet Title action, my servicer filed a second invalid, robosigned and fraudulent Assignment, Slandering my Title a second time.
My attorney told me that my payments were unnecessary so I ceased making what I came to think of as shakedown payments. You though have a delightful notion about an escrow account. Ill now explain what my attorney explained to me.
If there is a party that comes to court and proves ownership of a valid debt, that debt will be deducted from my damages and Ill receive the balance. If no party can prove ownership of a valid debt, nothing will be deducted from my damages.
I am a business person managing a successful family owned business which is now third generation and my dear person; I am unfamiliar with horse crap.
You are certainly correct that I plan to keep MY property. I also plan to deposit sizeable checks.
Please be sure and let me know if you ever become concerned about securities fraud, origination fraud, invalid mortgages, mortgage servicing fraud, forged documents in our land records, recordation fraud, fraud upon the court, Breach of Contract, Slander of Title, Unjust Enrichment, etc.